Goldberg Joel S 4
Research Summary
AI-generated summary
Revvity (RVTY) GC Joel Goldberg Surrenders 1,733 Shares for Taxes
What Happened
Joel S. Goldberg, Senior Vice President, Administration, General Counsel and Secretary of Revvity, surrendered 1,733 shares on 2026-02-17 to satisfy a tax withholding obligation tied to the vesting of restricted stock. The shares were valued at $96.03 each, totaling approximately $166,420. This was a tax-withholding surrender (not an open-market discretionary sale).
Key Details
- Transaction date: 2026-02-17; Filing date: 2026-02-19 (filed two days after the transaction).
- Transaction type: Tax withholding / shares surrendered (code F).
- Quantity and price: 1,733 shares at $96.03 each; total ~$166,420.
- Reason: To satisfy tax withholding upon vesting of restricted stock originally granted on February 16, 2023 (per F1).
- Trust disclosure (F2): Some securities are held in an irrevocable trust for the reporting person’s children; the reporting person disclaims beneficial ownership except for any pecuniary interest.
- Shares owned after the transaction: Not specified in the filing.
Context
Surrendering shares to cover taxes is a routine administrative action tied to equity vesting and does not necessarily reflect the insider’s view on the company’s prospects. This was a cashless tax-withholding event (shares surrendered rather than sold in the open market).